Gurvinder Nokwal REALTOR®
For Sale Detached 37 days on market

$699,900

Est. payment $3,099/moCalculate yours

391 Tamarack Drive, Waterloo, ON N2L 4G7

Waterloo, ON N2L 4G7

  • 3 + 1 Beds
  • 3 Baths
  • 1 Garage
  • 700 Sq Ft
Map

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13772182

About this home

Location, Location, Location!!! Welcome to 391 Tamarack Drive, a beautifully maintained and renovated home located in the heart of Waterloo’s highly sought-after University District. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property offers an exceptional opportunity for families, investors, parents of students, or buyers seeking a prime location with strong income potential. Situated in a family-friendly neighborhood, this well-kept raised bungalow features a bright open-concept living and dining area, three generously sized bedrooms, and a large private backyard perfect for relaxing or entertaining. The fully finished ground-floor apartment offers excellent flexibility as an in-law suite, extended family accommodation, or income-generating rental unit with the potential for a separate living arrangement. Additional highlights include a private driveway with parking for up to four vehicles, a spacious lot, and convenient access to public transit, shopping, restaurants, parks, and all major amenities. Located just minutes from Conestoga Mall and Highway 85, this property combines everyday convenience with outstanding long-term value. Located in an area with future medium-rise development potential, this property presents a rare opportunity for both homeowners and investors looking to benefit from Waterloo’s continued growth.

Property details

Overview

Property Type
Detached
Style
Bungalow-Raised
For
For Sale
Status
New
Approximate Age
51-99
Size
700 sqft

Interior

Bedrooms
3 + 1
Bathrooms
3
Kitchens
2
Basement
Apartment, Development Potential

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Unknown
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
70.08 x 132.89 Feet
Parking
Attached garage · 5 total

Financial

Property Taxes
$3,791 (2026)

Location

Cross Street
Austin Drive
Direction Faces
North

Listing

MLS® Number
X13772182
Days on Market
37
Listed On
2026-09-11
Possession
immediate
Listed By
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Room Level Dimensions
Living Room Main 15′ 5″ × 12′ 6″
Primary Bedroom Ground 12′ 10″ × 10′ 10″
Kitchen Main 7′ 10″ × 10′ 10″
Bedroom Ground 12′ 2″ × 9′ 10″
Bedroom Basement 9′ 10″ × 9′ 0″
Bedroom Ground 10′ 6″ × 7′ 10″
Recreation Basement 11′ 2″ × 22′ 0″

Features

Interior

  • Accessory Apartment
  • In-Law Capability

Pool

  • None
Included
NONE
Excluded
NONE
Rental items
Hot Water Tank

Mortgage calculator

Minimum for this price: $44,990 (6.43%)

Amortization, years

Estimated mortgage payment

$3,099 per month

Principal and interest
$3,099
Property tax
$316
Estimated monthly cost
$3,415

Your mortgage

Mortgage amount
$559,920
Mortgage insurance
Not needed
Interest over 25 years
$369,782

Cash to close

Down payment
$139,980
Land transfer tax
$10,473
Total, before legal fees
$150,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

391 Tamarack Drive, Waterloo, ON N2L 4G7 Waterloo, ON N2L 4G7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$699,900 391 Tamarack Drive, Waterloo, ON N2L 4G7
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